Point72 Asia Singapore Pte. Ltd. Invests $268,000 in Domino’s Pizza, Inc. (NYSE:DPZ)

Point72 Asia Singapore Pte. Ltd. purchased a new stake in Domino’s Pizza, Inc. (NYSE:DPZ) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 519 shares of the restaurant operator’s stock, valued at approximately $268,000.

A number of other institutional investors have also recently modified their holdings of DPZ. Blue Trust Inc. lifted its position in shares of Domino’s Pizza by 162.5% during the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 39 shares during the period. Crewe Advisors LLC acquired a new stake in shares of Domino’s Pizza in the 1st quarter worth approximately $36,000. Versant Capital Management Inc increased its stake in Domino’s Pizza by 654.5% in the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock valued at $43,000 after purchasing an additional 72 shares in the last quarter. ORG Partners LLC purchased a new stake in Domino’s Pizza during the second quarter worth $62,000. Finally, Signaturefd LLC grew its holdings in Domino’s Pizza by 25.2% in the second quarter. Signaturefd LLC now owns 129 shares of the restaurant operator’s stock valued at $67,000 after purchasing an additional 26 shares during the last quarter. 94.63% of the stock is currently owned by hedge funds and other institutional investors.

Domino’s Pizza Price Performance

Shares of NYSE DPZ opened at $430.87 on Wednesday. The company has a market capitalization of $15.03 billion, a price-to-earnings ratio of 28.12, a PEG ratio of 2.21 and a beta of 0.86. Domino’s Pizza, Inc. has a 1-year low of $330.05 and a 1-year high of $542.75. The business has a 50-day moving average of $422.97 and a 200-day moving average of $471.79.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.35. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Domino’s Pizza had a net margin of 12.42% and a negative return on equity of 14.22%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.08 earnings per share. Research analysts expect that Domino’s Pizza, Inc. will post 16.24 EPS for the current fiscal year.

Domino’s Pizza Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.40%. The ex-dividend date was Friday, September 13th. Domino’s Pizza’s dividend payout ratio (DPR) is 39.43%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DPZ shares. The Goldman Sachs Group assumed coverage on Domino’s Pizza in a research note on Thursday, June 13th. They set a “buy” rating and a $612.00 price target for the company. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Domino’s Pizza from $580.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. Barclays reduced their target price on Domino’s Pizza from $470.00 to $380.00 and set an “underweight” rating on the stock in a research note on Friday, July 19th. Stephens cut their price target on Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating for the company in a report on Friday, July 19th. Finally, Loop Capital reaffirmed a “hold” rating and set a $419.00 price objective on shares of Domino’s Pizza in a research note on Friday, September 20th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and a consensus target price of $506.28.

About Domino’s Pizza

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.